The authority shall not operate or construct any project for profit except insofar as any such profit will inure to the benefit of the public. The authority shall fix the rates, fees, and charges consistent with this declaration of policy such as will produce revenues only in amounts sufficient, together with all other funds of the authority, to pay principal and interest on bonds and obligations of the authority, to provide for maintenance and operation of the authority and of its projects, and to maintain such reserves as shall have been created in amounts sufficient in the judgment of the authority for the security of the bonds and for the improvement, replacement, or expansion of the facilities or services of the authority or to provide fuel for its generating projects.
Section: Previous 46-3-120 46-3-121 46-3-122 46-3-123 46-3-124 46-3-125 46-3-126 46-3-127 46-3-128 46-3-129 46-3-130 46-3-131 46-3-132 46-3-133 46-3-134 NextLast modified: October 14, 2016